Highlights

  • Triata Capital adds 413,000 ACM Research shares, reflecting increased confidence in semiconductor equipment.
  • ACMR shares climb 162% over the past year, significantly surpassing S&P 500 performance.
  • Fund’s total ACMR position reaches $78.39M, ranking as its fourth-largest holding.

ACM Research (NASDAQ:ACMR) develops and sells single-wafer wet cleaning equipment, electro-chemical plating systems, and related technologies used in semiconductor manufacturing. Its revenue is primarily derived from direct sales and third-party representatives under the Ultra C brand.

Key financial metrics include a market capitalisation of USD 2.59B, trailing twelve-month revenue of USD 880.35M, and net income of USD 117.11M. As of December 29, ACMR shares were priced at USD 39.86.

Triata Capital Expands Holdings
Hong Kong-based Triata Capital increased its stake in ACM Research during the third quarter, adding 413,000 shares, according to an SEC filing dated November 12. Following the transaction, Triata Capital held a total of 2 million ACMR shares, valued at USD 78.39M as of September 30. This represented a USD 37.20M increase from the prior quarter. ACMR now constitutes 9.15% of Triata Capital’s reported 13F assets under management (AUM), making it the fourth-largest position in the fund’s U.S. equity portfolio. At quarter-end, Triata Capital reported total U.S. equity holdings of USD 856.81M across 15 reportable positions.

ACMR Stock Performance
ACMR shares were trading at USD 39.86 as of December 29, up 162% over the past 12 months, significantly outperforming the S&P 500, which gained roughly 15.5% over the same period